Anand and Kieran, our co-founders, increasingly witnessed the frustration of individual investors when they were excluded from public company fundraises, especially when these took place at a discount to the shares or bonds’ trading price.
Historically, individual investors have not been included in public company fundraises due to an administrative and highly manual regulatory processes.
Anand and Kieran quickly saw that technology could largely remove this burden and give public companies access to individual investors in just a few clicks. From this, PrimaryBid, and the ambition to democratise capital markets, was born!
What is PrimaryBid?
PrimaryBid is a regulated capital markets technology platform connecting public companies to their communities during fundraisings.
Our platform recognises that individual investors represent an important but often overlooked component of a share register. By helping public companies engage, empower, and enfranchise individual investors, we are evolving financial markets through technology.
Is PrimaryBid regulated by the Financial Conduct Authority (FCA)?
PrimaryBid Limited is authorised and regulated by the Financial Conduct Authority (FRN 779021) and is a limited company registered in England and Wales (No. 08092575) with its registered office at Fifth Floor, Office B3, 80 Victoria Street, Cardinal Place, London, SW1E 5JL.
What fees do you charge for investing through PrimaryBid?
We do not charge individuals any commission. The PrimaryBid platform is free for all individual investors to use.
If you don’t charge any fees to the individual investors, how does PrimaryBid make money?
We charge companies a fee to access individual investors for any offers available through our platform, which means that we can offer our service to individual investors for free.
Is PrimaryBid a crowdfunding platform?
No, unlike crowdfunding platforms - which raise money for private companies - PrimaryBid offers access to fundraisings launched by publicly-listed companies, such as those listed on the London Stock Exchange.